Ethereum Watch

Ethereum extended its rise above the $465 resistance against the US Dollar. ETH price traded to a new monthly high near $477 and recently started a downside correction. Advertisements Ethereum is still following a nice bullish path above the $450 and $455 support levels. The price traded to a new monthly high near $477 and […]

Advertisements The solution is centralized, but time is pressing. As the launch date of Ethereum 2.0 approaches, an important issue in the staking mechanism is starting to be discussed in the community: the one-way nature of stake deposits. Prospective stakers in Ethereum 2.0 Phase 0 will not be able to withdraw or transfer their stake […]

Advertisements Traders should be cautious as ETH price is facing big resistance alongside rising Bitcoin dominance. All eyes have been on Bitcoin price in recent weeks as the world’s biggest cryptocurrency rallied by more than 60% in a matter of weeks. However, the focus may soon shift to Ethereum’s Ether (ETH) as it approaches the […]

Advertisements Quick take: Bitfinex’s CTO has suggested that crypto exchanges should run their own Ethereum nodes His comments were a recommendation after Ethereum’s infrastructure provider, Infura, went offline Crypto exchanges were temporarily forced to suspend ETH and ERC20 token withdrawals after a chain split occurred The root cause of the Ethereum chain split has been […]

Advertisements Quick take: The Yearn Finance (YFI) ecosystem is once again showing signs of life Yearn Finance’s transaction count hit a new all-time high of 11.3k on the 7th of November YFI has rebounded hard from a local low of $7,450 YFI value has once again exceeded that of Bitcoin at its current rate of […]

Ethereum is slowly rising and trading above the $460 resistance against the US Dollar. ETH price is likely to rally towards $495 or $500 if it clears the $470 resistance zone. Advertisements Ethereum is showing positive signs above the $450 and $455 support levels. The price is currently trading above the $460 resistance and well […]

Advertisements CoinDCX users to stake on ETH 2.0 with as low as 0.1 ETH, the exchange says. CoinDCX, one of the largest cryptocurrency exchanges in India, is preparing its platform to support ETH 2.0 staking in anticipation of Ethereum 2.0 launch. As the first phase of Ethereum 2.0 is expected to come on Dec. 1, […]

Advertisements There are two more weeks before launch is delayed, but progress has slowed down lately. The deposit contract for Ethereum 2.0 now holds 50,849 Ether (ETH), worth approximately $22 million as of publication time. This is slightly less than 10% of the minimum required stake of 524,288 ETH, or $230 million. Ethereum 2.0 is […]

Advertisements Quick take: Binance CEO, CZ, has hinted that he will purchase 32 ETH He explained the Ethereum will be used to support ETH development 32 ETH is the minimum staking requirement on ETH2.0 ETH2.0 needs at least 16,284 validator deposits of 32 ETH each to trigger Phase 0 According to CryptoQuant.com, the ETH deposits required […]

Key Takeaways Aave looks ready to retrace towards $44.6 as the TD sequential flashes a sell signal on the 12-hour chart. Uniswap sits on top of a massive support barrier that would absorb downward price pressure. yEarn Finance presents an ambiguous outlook following an impressive 143% bull rally. Share this article The DeFi market is […]